Technical publication on guidelines for agricultural development planners and policy-makers on the strengthening of policy measures for the mobilization and efficient utilization of domestic resources in the implementation of agricultural investment programmes and projects in Africa

Abstract

This technical publication, prepared by the United Nations Economic Commission for Africa (ECA) and the Food and Agriculture Organization (FAO), outlines guidelines for agricultural development planners and policymakers in Africa. It emphasizes the need for mobilizing and efficiently utilizing domestic resources to implement agricultural investment programs and projects. The document discusses ongoing policy issues related to resource mobilization, including the establishment of agricultural financial institutions, fiscal and macro-policies, interest rate policies, exchange rate policies, and marketing strategies. It highlights the overall resource requirements for agricultural investment, the importance of external resource flows, and local efforts to mobilize domestic resources while identifying constraints. The publication also estimates resource gaps and recommends measures to bridge these gaps, focusing on inter-country cooperation and the establishment of links between formal and informal financial systems. Ultimately, it aims to provide a comprehensive framework for enhancing agricultural development in Africa.